On this episode of The Shontavia Show, Shontavia outlines the four major types of business structures: (1) sole proprietorships, (2) LLCs, (3) corporations, and (4) nonprofits. She defines each type, talk about how you actually go about creating each type, and then explains the pros and cons of each type. // Want more?
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// Show Notes
Secretary of State Offices:
Choose a business structure - Small Business Administration:
Choosing a Corporate Structure:
Why you need a separate business entity:
How to get a tax ID number for your business:
Registering your business: A directory:
// About the Show
The Shontavia Show is a conversational business and entrepreneurship podcast that tackles the most common questions about starting, operating and growing a business and personal brand. This show is for people who want to start a business or build a personal brand but don't know where to begin. Shontavia's growing community attracts creators, side-hustlers, and entrepreneurs.
Before being twice-named one of the top young lawyers in America, host Shontavia Johnson quit her six-figure law firm job, cut all of her hair off, and traveled to South Africa to find inspiration and pursue her dreams. After coming back to the U.S., Shontavia began teaching, writing and advising others on issues related to law, entrepreneurship and tech.
Today, Shontavia's company, LVRG (pronounced "leverage") helps people build dynamic personal brands and successful businesses from ground zero. On the Shontavia Show, you'll learn practical tips, hear candid conversations, and get motivated to build the brand, business and life you love. New episodes are released every Monday and Thursday. Learn more at shontavia.com
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